X0303 4 2011-03-30 0 0000711665 PHOTOMEDEX INC PHMD 0001269370 STEWART MICHAEL R PHOTOMEDEX INC. 147 KEYSTONE DRIVE MONTGOMERYVILLE PA 18936 0 1 0 0 COO PhotoMedex Common Stock 2011-03-30 4 A 0 100000 0.01 A 109124 D Shares issued pursuant to a Restricted Stock Agreement, dated 3-30-11, from the Company's 2005 Equity Compensation Plan at a Purchase Price of $0.01 per share. The shares vest 10% per year of service over ten years, and upon vesting cease to be subject to the Company's right of repurchase. Vesting of the shares is accelerated upon certain defined events, including a change of control. Taxes imposed on the reporting person on account of the vesting of shares in the first vesting year are subject to a tax Gross-Up. /s/ Michael R. Stewart 2011-04-01